Country Idealist Profiles

Northern Territory – GTP and Relative Socio-Economic Disadvantage

Posted in Australia, Northern Territory (Australia), Northern Territory (Australia) Basics by mjoymatheson on August 14, 2008

The gross territorial product of Northern Territory is 13,405 (in millions of Australian dollars).  The gross territorial product per capita is 63,548.  The total GTP ranks Northern Territory last among Australia’s states and territories.  However, because of their small population, the GTP per capita ranks them first.  This number can be misleading as it averages GTP and doesn’t take the disparity between rich and poor into consideration.

The Australian census 2006 rated State/Territory areas based on an “Index of Relative Socio-economic Disadvantage”, a comparison derived from Census variables like low income, low educational attainment, unemployment and dwellings without motor vehicles.  The 20 most disadvantaged areas in Australia were all in the Northern Territory (11) and Queensland (9).

Source(s):
http://en.wikipedia.org/wiki/List_of_Australian_states_by_Gross_State_Product
http://www.abs.gov.au/AUSSTATS/abs@.nsf/Latestproducts/2033.0.55.001Media20Release22006opendocument&tabname=Summary&prodno=2033.0.55.001&issue=2006&num=&view=

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